Subcontracting benefits

[DrEvil]

Sorry - missed this one.

24 month rule applies to every individual, so yes that applies to everyone regardless of what company they work through. There is no way round this - many large consultancies will pay an additional bonus to cover the tax liability for their consultants that are caught by the 24 month rule.

IR35 does not apply if you own 5% of the business or under, IIRC, so they don't get caught by that. It is also significantly easier to show that they are in business rather than disguised employees of the end-client as well.

Makes sense I guess.. anyway whats to stop me signing over 95.1% of the business to my wife to guarantee I cant be caught by IR35... (Not that I'm that mad though )